Macroeconomic and sociopolitical factors largely drive the crypto market. Since the attempted assassination of Donald Trump on July 13, Bitcoin has surged by over 15%, consequently driving up the broader crypto market. Among the top gainers in this price rally are XRP and Rollblock.
We’ll unfold the impact of Donald Trump’s attack on the crypto industry, Bitcoin and XRP‘s market performances, and how RBLK could witness over 200x growth on its presale!
Bitcoin Surges Amid Trump Attack, Drives Altcoin Rally
Donald Trump, former US president and presidential candidate, was shot in an attempted assassination during a campaign rally in Pennsylvania On July 13. Following the news, Bitcoin surged to a two-week high by 9% and has now registered over 15% gains since then.
Recent on-chain metrics revealed that trades betting on his victory rose significantly this week, with the altcoin market registering a short-term price rally. Donald Trump’s attack positively affected the market because of his strong advocacy for Bitcoin, which he has been accepting as campaign donations.
This strategy has garnered millions of supporters and potential voters for Trump and experts say the attack raised his chances of winning back the presidency. This could mean a higher global adoption of Bitcoin and other cryptocurrencies as Trump had vowed to “end Joe Biden’s war on Crypto” once made president.
Ripple To Resume Bullish Trajectory After Price Correction
Ripple’s recent price gains have made new headlines. Even before Donald Trump’s attack, XRP was strongly rebounding after plummeting to its low on July 5 led by Bitcoin’s price crash. However, the attack has been a catalyst, pushing XRP over its local resistances and towards its yearly high.
Now trading at $0.61, XRP is 62% up from its yearly low. Other catalysts to the XRP surge have been recent news making rounds that Ripple may be nearing a settlement with the US SEC and Uphold’s US President, Nancy Beaton’s advocacy for XRP at the just concluded XRP Ledger Apex 2024 event.
Despite these recent gains, the price of XRP is still 84% below its all-time high and has been outpaced by 91% of the top 100 cryptocurrencies over the past year. Although its market sentiment is still bullish, crypto analysts forecast that XRP may witness a short correctional decline before resuming its bullish trajectory.
Play With Big Guns On Rollblock’s Presale
The GambleFi ecosystem has benefited more from Donald Trump’s recent attack, given that it is an ecosystem widely accepted by the global political class. Rollblock with its innovative crypto casino has tactically positioned itself to attract these notable investors, offering them over 200x gains in its ongoing public presale.
However, Rollblock has democratized access to these gains by firstly democratizing access to its crypto casino. Traders and investors from diverse backgrounds can play over 150 games on the casino with top politicians and other big investors by simply holding RBLK tokens– which also serve as a reward system on the online casino.
Moreover, RBLK tokens can be gotten at a floor price of $0.017 at Rollblock’s ongoing presale stage 4. Many market analysts speculate that the tokens can witness a 200x growth to trade up to $0.3 at their official market launch. This seems likely plausible given Rollblock’s excellent tokenomics, buyback, and burn strategies. It’ll be a shame to miss out on these gains!
In conclusion, while other altcoins including XRP plummeted to their yearly lows following Bitcoin’s sharp price crash earlier this year, RBLK had maintained stability. It has attracted thousands in capital inflows into its presale. RBLK’s status as a top GambleFi token has also helped it gain massive traction with the potential of a 200x surge soon!
